Massive Target breach may have lasting effects

11:06 PM,
Jan. 10, 2014

FILE - In this Dec. 19, 2013, file photo, a passer-by walks near an entrance to a Target retail store in Watertown, Mass. Target says that personal information ? including phone numbers and email and mailing addresses ? was stolen from as many as 70 million customers in its pre-Christmas data breach. That was substantially more customers than Target had previously said were affected. (AP Photo/Steven Senne, File)

Written by

Anne D?Innocenzio
and Michelle Chapman

Fallout from Target's pre-Christmas security breach is likely to affect the company's sales and profits well into the new year.

The company disclosed on Friday that the massive data theft was significantly more extensive and affected millions more shoppers than the company reported in December. As a result of the breach, millions of Target customers have become vulnerable to identity theft, experts say.

The nation's second-largest discounter said hackers stole personal information - including names, phone numbers as well as email and mailing addresses - from as many as 70 million ...